Byrna Technologies Inc [BYRN] stock is trading at $15.95, down -2.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BYRN shares have gain 11.15% over the last week, with a monthly amount glided 50.90%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Byrna Technologies Inc [NASDAQ: BYRN] stock has seen the most recent analyst activity on August 28, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $14. Previously, Dawson James started tracking the stock with Buy rating on April 26, 2022, and set its price target to $12. On August 20, 2021, Raymond James initiated with a Strong Buy rating and assigned a price target of $36 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $31 on August 02, 2021.
Byrna Technologies Inc [BYRN] stock has fluctuated between $2.19 and $17.00 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Byrna Technologies Inc [NASDAQ: BYRN] shares were valued at $15.95 at the most recent close of the market. An investor can expect a potential return of 6.58% based on the average BYRN price forecast.
Analyzing the BYRN fundamentals
Byrna Technologies Inc [NASDAQ:BYRN] reported sales of 59.65M for the trailing twelve months, which represents a growth of 76.13%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.28 points at the first support level, and at 14.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.65, and for the 2nd resistance point, it is at 17.34.
Ratios To Look Out For
For context, Byrna Technologies Inc’s Current Ratio is 3.91. As well, the Quick Ratio is 2.53, while the Cash Ratio is 2.22. Considering the valuation of this stock, the price to sales ratio is 6.09, the price to book ratio is 8.02.
Transactions by insiders
Recent insider trading involved Ganz Bryan, President and CEO, that happened on Sep 05 ’24 when 22558.0 shares were sold. Corporate Secretary, CGO, Wager Lisa completed a deal on Sep 12 ’24 to sell 50.0 shares. Meanwhile, Officer Wager Lisa bought 2500.0 shares on Sep 12 ’24.
